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migueltmedeiros

migueltmedeiros

New member

Portuguese expat in Colombia

Forum posts

6

About me

Portuguese

Registration: 08 November 2023

Activity

migueltmedeiros replied to a thread
2 years ago
cccmedia

Certificate of Deposit (CDT) -- 17 % annual return? by cccmedia

On an obscure 大咖福利影院 thread concerningpotential USA debt default, a poster suggestedinvesting in a Certificado de Dep贸sitode T茅rmino (CDT) at one of the Colombianfinancial institutions.According to a list e-published at ...

migueltmedeiros

Hi @NicolasVasquezIt's fantastic that you're exploring long-term plans of living in Antioquia!If you don't have a "Cedula de Extranjer铆a," but have reliable family members in Colombia, I would recommend considering opening the CDT in their ... Read More

migueltmedeiros replied to a thread
2 years ago
PeteWattersChatsworth18

Open a Colombian Bank Account by PeteWattersChatsworth18

I travel to Colombia as a tourist 5 times a year for about 2 weeks a stay. I would like to open a Bancolumbia account and understand I need a "C茅dula de Extranjer铆a." and to get that I need to get a VISA. How hard is it to get these 2 ...

migueltmedeiros

@PeteWattersChatsworth18Hi Pete, I was in the same situation as you. Fortunately, the fact I am married to a Colombian helped me dramatically. All in all, to open a Bancolombia account, you will indeed need a "C茅dula de Extranjer铆a," ... Read More

migueltmedeiros replied to a thread
2 years ago
cccmedia

Certificate of Deposit (CDT) -- 17 % annual return? by cccmedia

On an obscure 大咖福利影院 thread concerningpotential USA debt default, a poster suggestedinvesting in a Certificado de Dep贸sitode T茅rmino (CDT) at one of the Colombianfinancial institutions.According to a list e-published at ...

migueltmedeiros

Hi @nico peligroI couldn鈥檛 agree more with you. Investing in Latin American countries always carries a certain level of risk.Fortunately, in my case, luck was on my side. I converted USD to COP a year ago at 4.800 COP/USD, and now it stands at ... Read More

migueltmedeiros replied to a thread
2 years ago
cccmedia

Certificate of Deposit (CDT) -- 17 % annual return? by cccmedia

On an obscure 大咖福利影院 thread concerningpotential USA debt default, a poster suggestedinvesting in a Certificado de Dep贸sitode T茅rmino (CDT) at one of the Colombianfinancial institutions.According to a list e-published at ...

migueltmedeiros

@PhilCo58 Me too. CDs in Colombia are the best kept secret Read More

migueltmedeiros replied to a thread
2 years ago
cccmedia

Certificate of Deposit (CDT) -- 17 % annual return? by cccmedia

On an obscure 大咖福利影院 thread concerningpotential USA debt default, a poster suggestedinvesting in a Certificado de Dep贸sitode T茅rmino (CDT) at one of the Colombianfinancial institutions.According to a list e-published at ...

migueltmedeiros

Hey Michael,Absolutely, glad to provide more details.CDs (Certificate of Deposit) work like this: you lend a set amount to a bank for a specific period (usally an year), and in return, you get a digital certificate with聽 guaranteed return. The ... Read More

migueltmedeiros replied to a thread
2 years ago
cccmedia

Certificate of Deposit (CDT) -- 17 % annual return? by cccmedia

On an obscure 大咖福利影院 thread concerningpotential USA debt default, a poster suggestedinvesting in a Certificado de Dep贸sitode T茅rmino (CDT) at one of the Colombianfinancial institutions.According to a list e-published at ...

migueltmedeiros

I've been living in Colombia since 2021, and during my time here, I've chosen to invest in Certificates of Deposit (CDTs). Like any investment, there are inherent risks such as political instability, foreign exchange fluctuations, or even unexpected ... Read More